Marble Wealth LLC Purchases New Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Marble Wealth LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 190,639 shares of the exchange traded fund’s stock, valued at approximately $6,007,000. Schwab Fundamental U.S. Small Company ETF comprises about 0.8% of Marble Wealth LLC’s portfolio, making the stock its 28th largest holding. Marble Wealth LLC owned 0.07% of Schwab Fundamental U.S. Small Company ETF at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FNDA. Brighton Jones LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 97.5% in the 4th quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock valued at $379,000 after acquiring an additional 6,299 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at about $256,000. Royal Bank of Canada lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 58.3% in the 1st quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock valued at $2,852,000 after acquiring an additional 38,354 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 1st quarter valued at about $711,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 1st quarter valued at about $274,000.

Schwab Fundamental U.S. Small Company ETF Trading Up 1.1%

Shares of NYSEARCA:FNDA opened at $36.50 on Wednesday. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $27.49 and a 12 month high of $36.53. The company has a 50-day moving average price of $34.59 and a 200 day moving average price of $33.42. The company has a market cap of $10.47 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05.

Schwab Fundamental U.S. Small Company ETF Profile

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.